Spurs ‘fail with £8m Isco transfer bid’

Spurs are still searching for a replacement for
Luka Modric after seeing an £8million offer for Isco rejected by Malaga, according to reports in Spain.

Tottenham have finally agreed a £33million fee with Real Madrid for the transfer of Modric, but are reluctant for the deal to go through until they have strengthened their own squad.

Isco (centre) looks set to stay at Malaga after Spurs had a bid rejected (AFP/Getty Images)

One of the names on Spurs’ shortlist of players to fill the attacking midfield vacancy the Croatian’s departure would leave is Spain Under-21s international Isco.

With Manchester United also known to be keen on the rising star, Tottenham made an £8million bid for him this week, reports AS.

They apparently found Malaga unwilling to do business at that price, even though it would represent a significant profit on the £4.7million they paid Valencia for the youngster last summer.

Isco has a £16.5million release clause in his contract and Malaga are holding out for an offer close to that figure.

Spurs chairman Daniel Levy will not match their valuation and will instead turn his attention to more experienced players, with Porto midfielder Joao Moutinho, Shakhtar Donetsk star Willian and Chelsea’s Raul Meireles all under consideration.